Form 4: Sonic Automotive EVP and CFO Byrd Heath Reports Changes in Beneficial Ownership

Heath Byrd, EVP and CFO of Sonic Automotive, reports a transaction involving Class A Common Stock related to tax obligations upon vesting of restricted stock units.

Summary

• On March 31, 2025, Heath Byrd, the EVP and CFO of Sonic Automotive, Inc., engaged in a transaction involving Class A Common Stock.
• 4,162 shares were disposed of to satisfy withholding tax obligations due upon the vesting of restricted stock units at a price of $56.96.
• Following the transaction, Byrd directly owns 157,726 shares of Class A Common Stock.
• Byrd also indirectly owns 12,129 shares through Bucknell Avenue, LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• The report was signed on April 2, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the automotive industry and other publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.

Key Dates

Keywords

Sonic Automotive, SAH, Heath Byrd, EVP, CFO, Class A Common Stock, Beneficial Ownership, Form 4, SEC, Restricted Stock Units, Tax Obligations